As
filed with the Securities and Exchange Commission on October 15, 2025
Registration
No. 333-
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM S-8
REGISTRATION
STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Datasea,
Inc.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
45-2019013 |
(State
or other jurisdiction of
incorporation or organization) |
|
(I.R.S.
Employer
Identification Number) |
Room
302-5, Building C,
Gemdale
Viseen International Center,
No.5
Shengfang Road, Daxing District, Beijing
People’s
Republic of China 102600
+86
10-56145240
(Address
of Principal Executive Offices, including zip code)
2018
EQUITY INCENTIVE PLAN
(Full
title of the plan)
Zhixin
Liu, President and Chief Executive Officer
Room
302-5, Building C,
Gemdale
Viseen International Center,
No.5
Shengfang Road, Daxing District, Beijing
People’s
Republic of China 102600
+86
10-56145240
With
a copy to:
Datasea
Acoustics LLC
8
The Green, Ste A ,
Dover,
Kent, Delaware 19901
+1
267 992 2826
(Name, address and telephone number, including area code, of agent for service)
Copies
to:
Mark
Crone, Esq.
Eleanor Osmanoff, Esq.
The
Crone Law Group, P.C.
420
Lexington Avenue, Suite 2446
New
York, NY 10170
646-861-7891
Indicate
by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting
company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”
“smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
| Large accelerated filer ☐ |
Accelerated filer ☐ |
Non-accelerated
filer |
☒ |
| |
|
Smaller Reporting Company |
☒ |
| |
|
Emerging Growth Company |
☐ |
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
EXPLANATORY
NOTE
This
registration statement on Form S-8 (the “Registration Statement”) is being filed by Datasea, Inc. (the “Company,”
the “Registrant,” “we” or “our”), for the purpose of registering
an additional 3,000,000 shares of common stock, par value $0.001 per share (the “Common Stock”) reserved for issuance under
the Company’s 2018 Equity Incentive Plan, as amended (the “2018 Plan”). Unless noted otherwise, all references to the
number of shares of Common stock and per share information in this Registration Statement have been adjusted retroactively to reflect
the 1:15 reverse stock split of the Company’s Common Stock that became effective on January 19, 2024.
The 2018 Plan was adopted
on August 22, 2018, by the Board of Directors and stockholders of the Company, and authorized for
issuance 4,000,000 (pre-split) or 266,667 (post-split) shares of Common Stock, subject to adjustments in the event of certain
reorganizations, mergers, combinations, recapitalizations, share splits, share dividends, or other similar events which change the number
or kind of shares outstanding. The 2018 Plan was amended by the Company’s stockholders on
each of April 28, 2022, June 2023, June 7, 2024 and May 7, 2025 increasing the shares of Common Stock reserved for issuance under the
2018 Plan to 933,333, 1,600,000, 2,600,000 and 7,600,000 shares, respectively. As of the date of this Registration Statement, 5,944,150
shares of Common Stock is available for issuance under the 2018 Plan.
This
Registration Statement intends to register the offer and sale of 3,000,000 shares of Common Stock available for issuance under the 2018
Plan as a result of the amendments thereto, and relates to the registration of the same class of
securities of the Company as to which a (i) registration statement on Form S-8 dated June 15, 2020, registering 266,667 shares
of Common Stock, (ii) a registration statement on Form S-8 dated October 26, 2023, registering 333,333 shares of Common Stock and (iii)
a registration statement on Form S-8 dated May 3, 2024, registering 1,000,000 shares of Common Stock (the “Prior Registration Statements”),
were filed with the Securities and Exchange Commission (the “Commission”). This Registration
Statement is filed pursuant to Instruction E of the General Instructions to Form S-8 regarding the registration of additional
securities. Pursuant to Instruction E of Form S-8, the contents of the Prior Registration Statements, to the extent relating to the registration
of shares of Common Stock under the 2018 Plan and, except as otherwise set forth in this Registration Statement, are incorporated by
reference herein. This Registration Statement shall become effective upon filing in accordance with Rule 462 under the Securities Act
of 1933, as amended (the “Securities Act”).
PART
II
INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT
ITEM
3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The
SEC allows us to “incorporate by reference” into this prospectus the documents we file with, or furnish to, them, which means
that we can disclose important information to you by referring you to these documents. The information that we incorporate by reference
into this prospectus forms a part of this prospectus, and information that we file later with the SEC automatically updates and supersedes
any information in this prospectus. We incorporate by reference into this prospectus the documents listed below:
| |
● |
The Company’s Annual
Report on Form 10-K for the year ended June 30, 2025 (filed on September 26, 2025); |
| |
● |
The description of our Common Stock contained in our Registration Statement
on Form 8-A, dated and filed with
the SEC on December 18, 2018, and any amendment or report filed with the SEC for the purpose of updating the description; and |
| |
● |
The Company’s Definitive Proxy Statement on Schedule 14A for the 2025 annual meeting of stockholders filed with the SEC on March 28, 2025. |
All other reports and documents filed by the
Company pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act (other than Current Reports furnished under Item 2.02 or Item
7.01 of Form 8-K and exhibits furnished on such form that relate to such items) subsequent to the date of this Registration Statement
and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby
have been sold or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration
Statement and to be a part hereof from the date of filing such reports and documents. Any statement contained in a document incorporated
or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein or in any subsequently filed document that also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not constitute a part of this
Registration Statement, except as so modified or superseded, to constitute a part of this Registration Statement.
ITEM
8. INDEX TO EXHIBITS.
| Exhibit |
|
Description |
| 5.1* |
|
Opinion of The Crone Law Group, P.C. |
| 23.1* |
|
Consent of Kreit & Chiu CPA LLP (formerly Paris Kreit & Chiu CPA LLP)* |
| 23.2* |
|
Consent of The Crone Law Group, P.C. (included in Exhibit
5.1) |
| 24.1* |
|
Power of Attorney (included on the Signature Page to this Registration Statement) |
| 99.1 |
|
The 2018 Equity Incentive Plan of Datasea, Inc., as
amended (incorporated herein by reference to Exhibit 10.1 of the Form 8-K filed with the SEC on June 20, 2023). |
| 107* |
|
Filing Fee Table |
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on this Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Beijing, People’s Republic of China, on October 15, 2025.
| |
Datasea, Inc. |
| |
|
|
| |
By: |
/s/
Zhixin Liu |
| |
|
Zhixin Liu |
| |
|
Chief Executive Officer |
POWER
OF ATTORNEY
Each person whose signature
appears below constitutes and appoints Zhixin Liu, as his true and lawful attorneys-in-fact and agents, with full powers of substitution
and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments
to this registration statement, including post-effective amendments, and to file the same, with all exhibits thereto, and other documents
and in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of
them full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises,
as fully to all intents and purposes as he or she might or could do in person, and hereby ratifies and confirms all his or her said attorneys-in-fact
and agents or any of them or his or her substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of
Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together shall constitute
one instrument. Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by
the following persons in the capacities indicated on October 15, 2025.
| SIGNATURE |
|
TITLE |
| |
|
|
| /s/ Zhixin
Liu |
|
Chairman, President and Chief Executive Officer |
| Zhixin Liu |
|
(Principal Executive Officer); |
| |
|
|
| /s/ Mingzhou
Sun |
|
Chief Financial Officer |
| Mingzhou Sun |
|
(Principal Financial and Accounting Officer) |
| |
|
|
| /s/ Fu Liu |
|
Director |
| Fu Liu |
|
|
| |
|
|
| /s/ Yijin
Chen |
|
Director |
| Yijin Chen |
|
|
| |
|
|
| /s/ Stephen
(Chun Kwok) Wong |
|
Director |
| Stephen (Chun Kwok) Wong |
|
|
| |
|
|
| /s/ Yan Yang |
|
Director |
| Yan Yang |
|
|